© 2024 WNMU-FM
Upper Great Lakes News, Music, and Arts & Culture
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Snyder: Michigan will see more trade, investment with China

LANSING, MI (AP)--  Governor Rick Snyder says he thinks Michigan will see more trade and investment with China despite fears of an economic slowdown in the country.  

The Republican Michigan governor is on his fifth trade trip to China, where he's making the case for Chinese companies to expand in Michigan. Snyder and China's deputy minister of commerce presided over the signing of a memorandum of understanding Tuesday between Michigan, four Chinese provinces and a city.

Snyder told The Detroit News in a phone interview that the agreement gives "a chance to build better relations" whether China's economy slows down or not. He told the Detroit Free Press that people haven't talked much during the trip of a slowdown or China's devaluation of currency.

The trip to China ends Saturday.

The Associated Press is one of the largest and most trusted sources of independent newsgathering, supplying a steady stream of news to its members, international subscribers and commercial customers. AP is neither privately owned nor government-funded; instead, it's a not-for-profit news cooperative owned by its American newspaper and broadcast members.